Importance of Having more Suppliers in Business

[Hate2Wait]

Whatever we sell we need to have at least 2 Suppliers and the more suppliers we have the better it will be as we can get competitive prices and can get timely delivery and if we don't have more than 1 supplier then we will surely suffer.

 

[Starmix]

It's important to stock many to prepare in case there's a big buyer wanting to buy in bulk and also if there's nationwide strike.

 

[Hate2Wait]

Yes you are right and it will be better to find suppliers that are near so we can get the delivery in minimum price

 

[Starmix]

Yes you are right and it will be better to find suppliers that are near so we can get the delivery in minimum price

That's right that's why business men are always busy left and right.

 

[Hate2Wait]

Yes those have targets to earn they don't even sit for a minute and keep finding ways to earn

 

[puroypoi]

To have many suppliers, gives us the option to choose which suppliers to go once other cannot fulfill their deliveries.

 

[Starmix]

Yes those have targets to earn they don't even sit for a minute and keep finding ways to earn

Exactly, they even forget their wives lol, and sometimes eat and go home late.

 

[Hate2Wait]

It's one of the options that can save us when we have big orders to deliver as we all need raw material and through them we can get the supply as soon as we can

 

[Starmix]

It's one of the options that can save us when we have big orders to deliver as we all need raw material and through them we can get the supply as soon as we can

Yes you're so right it's good to stock supplies to avoid delay of deliveries from orders.

 

[Hate2Wait]

And this way we can handle the supplier that is creating problems for us.

 

[Starmix]

They are the business source of revenue so they have to be the first priority.

 

[Bisolami]

Whatever we sell we need to have at least 2 Suppliers and the more suppliers we have the better it will be as we can get competitive prices and can get timely delivery and if we don't have more than 1 supplier then we will surely suffer.

It is very good to have a lot of suppliers in business because sometimes their price owerri and sometimes some will not have the products while others will have it

 

[Hate2Wait]

It is very good to have a lot of suppliers in business because sometimes their price owerri and sometimes some will not have the products while others will have it

If we like to make profits from the business then we should need to to have more than 1 supplier

 

[Bisolami]

If we like to make profits from the business then we should need to to have more than 1 supplier

I noticed something in my Mum's business that this suppliers always have different prices so you need to be able to know three to four suppliers so that you will buy from the one that is prices affordable and the product is quality

 

[freelancermaria]

More suppliers are preferable. You have a backup plan in case one of them fails to deliver. You will also be able to select which supplier you want to work with for a long time.

 

[Hate2Wait]

Our company do have 3-4 suppliers of every thing but there are times when not even one is useful so it does help when you have more and have these locally will also help

 

[Shavkat]

It is best to have lots of suppliers to choose from. We do not need to face the scarcity.

 

[Hate2Wait]

Having more suppliers and local suppliers does help to help us complete our assignments and orders on time

 

[Stardom22]

Suppliers play a major role in businesses. They avail the products to the business

 

[SHAHID987]

In my view we need two suppliers as it generate a sort of positive competition, because if you'll depend on one supplier then they may cause problem as irregular supply.